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ESSENTIA L
M A N AGERS
SELLING
ESSENTIA L
M A N AGERS
SELLING
About this eBook
Due to the complex integration of images
and text, this DK eBook has been formatted
to retain the design of the print edition.
As a result, all elements are fixed in place,
but can easily be enlarged by using
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Printed in China
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one small step in DK’s commitment
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information, go to www.dk.com/our-
green-pledge
Contents
Introduction 6 Chapter 3
Recommending solutions 56
Chapter 1
Building meaningful Using features and benefits 58
relationships 8 Targeting the pitch 60
Offering your ideas 62
Adding value through selling 10 Asking for feedback 64
Addressing needs 14
Appealing to buyers 16
Differentiating yourself 22 Chapter 4
Concluding the sale 66
Chapter 2 Understanding objections 68
Understanding the Collecting the data 72
needs of customers 24 Reframing objections 78
Discussing price 80
Tuning into the client 26 Responding to objections 84
Recognizing needs 28 Closing the sale 86
Planning your approach 34 Moving beyond the close 92
Making your first move 36
Presenting your credentials 38 Index 94
Holding a sales meeting 40 Acknowledgments 96
Questioning for needs 42
Listening to your client 48
Approaching a problem 50
Reviewing needs 52
Running a joint meeting 54
6 / INTRODUCTION
INTRODUCTION / 7
Introduction
Selling business-to-business (B2B) is one of the
world’s oldest trades, and one that constantly
moves with, and adapts to, broader changes in
corporate practice, human interactions, and
psychology. As any salesperson will tell you,
selling is at the cutting edge of every company.
Without the eyes, ears, and intuition of a good
salesperson, the business itself founders.
Adding value
through selling
Offering good products at competitive prices just isn’t enough
to win sales. You can be sure that your best ideas will be emulated
by others sooner or later. Today’s customers expect you to add value
to their business – to address their needs and deliver solutions.
Selling today
Being a successful salesperson today
involves you in collaboration, facilitation,
and a sense of partnership with your
customer. Long gone are the days of
one-way persuasion – the standardized
pitch is considered the lowest level of
selling. Ideas about selling have evolved
rapidly as globalization and instant
communication through social media
have produced more savvy and
demanding buyers. Selling reflects much
wider changes in business and goes far
beyond pushing a product. Today, selling
embraces a wide range of skills – a good
understanding of how organizations work,
management structures, psychology, and
a level of self-awareness.
Tip
THINK CREATIVELY
Don’t limit yourself to
thinking only about your
products and services:
your customers need your
creativity to help solve
their problems.
ADDING VALUE THROUGH SELLING / 11
96%
of buyers find that sellers
who focus on the value
they can deliver influence
their purchase decision
Gaining skills
To succeed, you need to interpret what
your customers tell you, and often
educate them about what’s out there.
Then you need to mesh together the
abilities of your organization with their
requirements for the benefit of both.
You need a measure of curiosity and
good listening skills to uncover what
the customer really needs. And you
must be a brilliant innovator, with the
ability to think originally, and manage
creative processes that find answers.
12 / BUILDING MEANINGFUL RELATIONSHIPS
Willingness to take
risks Putting their
own necks on the
line and entering
unchartered ground
to come up with
unique ideas.
ADDING VALUE THROUGH SELLING / 13
85%
of the top salespeople
questioned in one survey were
found to be conscientious
Methodical approach
Understand that planning
and follow-up are the
keys to success.
Resourcefulness
Constantly innovating
and challenging the
existing approaches.
Salespeople work well
in groups and make
the most of the talent
around them.
14 / BUILDING MEANINGFUL RELATIONSHIPS
Addressing needs
Selling isn’t a moment of inspiration; it is not about force of argument
or the strength of your personality. It is a process. The process is fairly
easy to understand, but – as you’ll see – hard to do. The techniques
in this book are centred on a process called “needs-based selling”,
so let’s examine its principles and set the scene.
69%
to hear how you can help them.
Winning commitment
Once you have determined the needs
and made recommendations, it is time
to think about gaining commitment. But
something almost always gets in the way,
of buyers say sellers could and you face resistance to commit.
The customer needs to be allowed to
improve their sales experience object – even when they seem ready
to buy – and you must resolve all their
by listening to their needs objections if you are to close the sale.
ADDRESSING NEEDS / 15
01
Set the stage. Provide structure Open the meeting. Build
for the problem-solving session. rapport, confirm the agenda,
and prepare the customer.
02
Define the problem. Review Determine needs. Engage
background information and with the client and tease out
solutions already tried. both their obvious and their
hidden needs.
03
Generate ideas. Provide the Present products and services,
climate where everyone can by describing their features and
contribute creative perspectives benefits. Impart enthusiasm
without judgement. and belief in your products.
04
Evaluate the ideas and develop Resolve objections. Effectively
the best ones. Identify the and sensitively resolve the
appealing aspects of an idea, objections that customers
then list the concerns. inevitably raise.
05
Summarize the solution. Put Close the deal. Agree how
together a specific action plan. to move forward with your
fulfilment department.
16 / BUILDING MEANINGFUL RELATIONSHIPS
Appealing to buyers
Many studies have addressed the central questions of sales – why
do buyers buy? How do customers make decisions? What do they
demand from salespeople? The answers come down to three
discernible behaviours: believing in your position, empathy, and trust.
Tip
UNDERSTAND BIAS
Be aware of how unconscious
bias impacts selling. For
instance, “affinity bias” draws
in customers who are like you,
but deters those who are not.
Consider if such a bias may
also be inhibiting you from
talking to valuable clients
who control buying decisions.
18 / BUILDING MEANINGFUL RELATIONSHIPS
CHECKLIST...
Gaining respect by showing respect YES NO
1 Do you show respect for your client’s time by, for example,
responding promptly and concisely to their questions? ................
65%
Building trust
Trust takes a long time to build, but only a second
to lose. To demonstrate that you can be trusted,
you need to be responsive, direct, clear, reliable,
and straightforward. Customers don’t like to be
manipulated and don’t appreciate evasiveness. If
you get caught being dishonest in any way, you will
not only lose that customer, but the ripple effect of of people believe the
your actions will spread far beyond the boundaries
of that relationship. vital factors in company
Always assume that your customer is smart
and give them due respect: don’t play games,
reputation are honest
make sure to deliver on your promises, and avoid
giving any nasty surprises. Follow these simple
business practices and
rules and your customer’s trust will follow in time. trustworthiness
Becoming credible
You know that you are trustworthy, and your customer thinks you
are trustworthy. Good start. Being considered trustworthy and
actually being trusted to fulfil a million-dollar contract are two
different things. US consulting firm Synectics® Inc. carried out
some inspired research that accounts for the difference between
these two concepts – it is summarized in the trust formula:
risk
APPEALING TO BUYERS / 19
Calculating trust
The trust formula shows that your ability
to demonstrate credibility and build
relationships is directly proportional
to trust. At the same time, it shows that
trust is inversely proportional to the level
of risk the client faces in making a
decision – how much they have to lose.
The top of the equation is within your
control. For sales success, you need
to demonstrate both credibility and
intimacy – which speaks to how
safe and secure it is to work with
you. This involves showing
behaviours such as empathy,
affability, sensitivity,
and likeability.
Demonstrate
that you can
be trusted: be
responsive,
direct, clear,
and reliable
20 / BUILDING MEANINGFUL RELATIONSHIPS
START SMALL
Don’t ask for all the business; ask for a piece
of it. Show the customer your capabilities and
earn more business over time.
yourself what you can do to make any fired for buying IBM.” That’s because the
commitments less risky for the customer. risk was much lower in buying from a
In the 1980s, there was a famous well-known firm with a global reputation,
marketing adage: “Nobody ever got than a less-established tech company.
GUARANTEE RESULTS
Offer assurance, or at the very least, guarantee
your commitment to work together with the
customer throughout the process.
Differentiating yourself
Whether you’re selling computer support, pharmaceuticals, or
plumbing supplies, chances are that your competitors offer similar
products at equal or better prices with identical back-up. You need
to do everything to set your offering apart from the others, and
there is no better way to differentiate your company than through
your approach to your customer.
Adding value
To be a success in sales, you should Tip
constantly ask yourself what you can
do to add value to the client relationship.
BE FIRST
Do whatever you can to keep
If all you do is facilitate the supply of
yourself on the customer’s
products and services, you are not
mind, by emailing or sending
adding value – just reacting. Even when
social media messages
you are able to provide good solutions to
and personal notes. Your
known problems, you are still in reactive
customers don’t think about
mode and are not adding much value.
you as much as you think
This begins only when you help the
about them, so ensure they
customer to determine their needs.
think of you first when the
The goal is to move up the value
need arises. But beware not
chain and to become a strategic advisor
to become annoying.
to your customer – someone the customer
calls for guidance, ideas, perspective,
insights, and, quite simply, help. Once
you manage to rise to that level with
a customer, your position is rock solid.
Achieving visibility
Make yourself visible to your customer. To rise
to the level of a trusted advisor and differentiate
yourself from your competition, try to visit your
customers in person whenever possible. This
approach has many benefits: it strengthens the
relationship with your customer; it gives you an
opportunity to learn about their needs directly and
through non-verbal clues; and it enables you to see
first hand who your customer regularly interacts
with in their organization and the many facets of
their work life that otherwise remain hidden.
DIFFERENTIATING YOURSELF / 23
ASK YOURSELF…
Am I “wowing” my customer? YES NO
80%
Breaking the majority rule
“Do you understand all of your customers’
needs?” Most salespeople would answer
“yes” to this question, yet the majority of
their customers would disagree. It’s a sad
fact that most salespeople often fail to
adequately address their clients’ needs and
remain blissfully unaware of the fact. As a
salesperson, you need to understand why
of firms think they
this happens, and what you can do to make deliver a superior
sure that you’re part of the successful
minority of sellers who get things right. experience to
customers
Tip
QUESTION YOURSELF
Think of something you bought recently.
Why did you buy it? What need did you
have? How did the product address it?
How effective was the salesperson you
bought from? Ask yourself questions
like this and your understanding of
customers’ needs will become clearer.
8%
of firms do deliver a
superior experience,
say customers
TUNING INTO THE CLIENT / 27
ASK YOURSELF...
How do I understand a client’s needs? YES NO
Each time you interact with a customer, ask yourself these types of questions
to put yourself in the right mindset:
7 Have I found out why are they taking the time to contact me? .....
Recognizing needs
Before you start questioning your customer to uncover their needs,
it helps to know what these needs might look like – and how they are
likely to present themselves. You’d be surprised at how even the most
seasoned sales professionals have difficulty recognizing needs.
63%
Tip
ANALYZE YOUR
THOUGHT PROCESS
Whenever you find yourself
offering a solution to a
customer, ask yourself what
of business buyers say the need is that led to this
most sales interactions solution. You’ll be amazed at
how taking one step back will
focus on products rather leave you two steps forward.
than solutions
68%
of customers
expect brands to
show empathy
66%
of customers
expect companies
Introduce and open the
questioning session
Case study
RIGHT PEOPLE, RIGHT TIME the number of users and features
Founded in 2002, Australian software increases. It has identified the most
company Atlassian was famous for common needs and addresses them
having no salespeople early in its on its website, so most clients never
existence, and still employs a come into contact with sales. But, it
proportionally small sales force. also identifies big enterprise clients
But it doesn’t ignore customer needs with more complex requirements
– it’s just careful about how and when and deploy its sales team. They
it asks about and addresses them. then try to understand their needs
The firm’s top concern is getting and steer their upgrades. As existing
people to try out its collaboration clients, these higher-value customers
apps, including Jira and Trello, as are easier to sell to and Atlassian’s
easily as possible, offering free sales resources are deployed
versions and only charging as more efficiently.
WHO?
WHAT?
WHY?
HOW?
PLANNING YOUR APPROACH / 35
86%
Rehearsing well
Feeling relaxed and well prepared is
crucial, so rehearse your presentation
repeatedly, and ask for feedback from
colleagues. Practise delivering your
questions, resolving objections, and
even closing. This will highlight any
of B2B buyers expect sellers areas in which you are less than
confident, and reveal any holes in
to be trusted advisors the information you need to succeed.
○ Who makes the decisions? ○ Who will do what from our side?
○ Who should I see?
Creating an impression
Write a formal email to introduce Your first meeting with a new prospect
yourself and your organization may have many purposes – from a
simple introduction to a full-blown sales
pitch. Whatever the reason, stay calm and
begin the process of understanding your
potential customer’s needs. You do not
have to be specific at this stage (although
Confirm the appointment in you should be prepared to present your
an email company’s credentials – see pp.38–39).
Instead, establish rapport, and let the
customer do most of the talking.
Learn what you can about the
individual and their business. Look
for, and reinforce, common ground.
Send a reminder email Are they familiar with your company?
Is there any relevant history between
your organizations that could form
a bond? Do you share interests or
acquaintances in the industry?
59%
Aiming for needs first
A credentials presentation is an overview
of your company, what it does, and how it
adds value to its customers. You need to
be prepared to give a brief presentation,
but if you can avoid having to do so at this
early stage of your relationship with a
new customer, you should: as soon as of sellers in Western
you start talking about how to help them
before identifying and confirming their
Europe say a buyer’s
needs, it becomes more about you than trust is one of the
about them. If your customer says to you:
“Tell me about your company”, it can top two factors for
sometimes work to respond with: “I’ll
be delighted to explain who we are and
closing deals
how we may be of assistance, but I can do
that much more effectively if I learn a bit
about you first.” If the customer agrees,
you can start the needs-determination
process; if not, you will have to make “Our
a credentials presentation. a ra produ
nge cts
of n addr
eed ess
Tip s”
KEEP IT GENERAL
Use the presentation to give a
brief overview of needs you
can fulfil and your offering.
t
Don’t make assumptions
ive some history aboulf
about your customer’s needs G and yourse
the company
and don’t offer a particular
product or service.
PRESENTING YOUR CREDENTIALS / 39
A credentials presentation is an
overview of your company, what it does,
and how it adds value to its customers
CHECKLIST...
Preparing a credentials presentation YES NO
Building rapport
What happens in the first few minutes
• Compliment the customer on their
office or facility – but be sincere.
of a sales meeting sets the tone for the • Discuss
Thank the customer for their time.
entire encounter. It helps to break the
opening down into three critical steps:
• their business
something you know about
– a relevant news
building rapport, confirming the agenda, event, for example – to show that
and moving into the meeting itself. you’ve done your homework.
70%
At the start of the meeting, make
sure everyone is comfortable, knows
who is who, and has a chance to connect
informally. Encourage small talk or
a discussion about general business
conditions. Use your intuition to decide
when to move on – you need to work at
your customer’s comfort level, not your
own. Here are a few ideas to help you get
the conversation off to a good start:
to 80% of B2B buyers
• Look around the client’s office for prefer remote sales
something to trigger conversation,
such as a picture or trophy. interactions post-COVID
In focus
TALK TO THE RIGHT PERSON The following preamble can
Surprisingly, two-thirds of all sales help you check: “I contact many
calls are made to people who do not organizations like yours and
make or implement decisions. everyone has their own way of
Salespeople are often reluctant making decisions. To ensure that
to ask a prospect whether they I don’t waste anyone’s time or leave
are speaking to the person who is someone out of the loop, would you
responsible for calling the shots, please share with me how the
for fear of sounding disrespectful. process works here?”
HOLDING A SALES MEETING / 41
?
remains the most important. This is simply because you can’t hope
?
to understand a customer’s needs without asking questions in
?
a thoughtful, credible, and sensitive way.
?????
?
Running the session
?
When you question a customer at a sales
meeting, you need to keep the session
??
light – think of it as an open discussion
rather than an interrogation. Customers
who are comfortable invariably reveal
more – and more useful – information.
The questions you ask to determine
???? ??
needs fall into three broad categories –
fact-finding questions, needs-oriented
questions, and big-picture questions –
each of which are considered below.
?
There are no hard-and-fast rules
about the types of question you should
ask your customer, but experience
suggests that a ratio of around five
fact-finding questions, to three needs-
?? ? ?
oriented questions, and one big-picture
?? ??
question is comfortable for the client
and achievable for you.
?
to three needs-oriented
questions, and one big-
picture question is
comfortable for the client
and achievable for you
QUESTIONING FOR NEEDS / 43
???
?
65%
of B2B buyers say they
find it valuable to talk
about their situations
with salespeople
Tip
LEARN FROM THE PROS
Watch the great interviewers
on television. They ask short
questions and don’t give the
person being interviewed
possible answers. They ask
a question and stop talking;
try the same technique.
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I.
»Kuinka pitkä aika siitä on, kun viimeksi istuin kahden kesken
sinun kanssasi! Ja kuinka täällä on muuttunut! Sinun suloinen pikku
pesäsi on kuin luostarin koppi! Minä olen totellut käskyäsi, kuten
näet, olen ollut poissa täältä koko kuukauden. Se oli vaikeata —
hyvin vaikeata — ja monta kertaa olen sanonut itselleni, että se oli
ajattelematonta. Mutta olethan sinä nainen. Sinä olit järkähtämätön,
ja minun täytyi alistua. Mutta mitä sinulla nyt on minulle
kerrottavaa?»
»Täydellisesti.»
»Entä sitten?»
»Rakas Roma», sanoi paroni jyrkästi, »jos minä tein jotain siinä
asiassa, tein sen sinun hyväksesi, mutta olkoonpa sen laita kuinka
tahansa, se ei enää minua huolestuta. Roma Roselli ei ole kuollut, ja
minun on varsin helppo tuottaa henkilöitä Englannista todistamaan
sitä.»
»Niin.»
»En tahdo!»
»En voi!»
»Miksikä en?»
»Se on minun oma salaisuuteni. Mutta sitä ette voi tehdä!» huusi
hän.
Mutta jos Rossi epäröisi jostakin syystä, jos hän viivyttäisi heidän
avioliittoaan, jos hän vastaisi kieltävästi tuohon kirjeeseen, jossa
Roma oli luopunut kaikesta turhasta häveliäisyydestä ja pyytänyt
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selittää, mikä vaara Davido Rossia uhkasi? Kuinka hän voisi sanoa,
että Davido Rossin täytyy ottaa hänet vaimokseen ennenkuin
parlamentti hajaantuu, sillä muutoin käytettäisiin häntä, Romaa,
välikappaleena, jolla Davido Rossi erotettaisiin parlamentin
jäsenyydestä ja ehkä syöstäisiin vankilaankin? Kuinka hän saattaisi
sanoa: »Minä olin Delila. Minä läksin sinua pettämään, ja ellet ota
minua vaimoksesi, en voi sinua pelastaa!»
»Hyvä on», sanoi hän. »Sanokaa herra Rossille, että odotan häntä
kohta… tai ei pidä sanoa sitä… sanokaa, että koska hänellä on niin
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sanokaa aivan mitä tahdotte», sanoi hän, ja valkoiset hampaat ja
säteilevät silmät hymyilivät.
»Minä itse! Minä juuri kerroin herra Rossille kaikki ne juorut, jotka
saattoivat hänet puhumaan teitä vastaan silloin paavin juhlapäivänä,
ja kun te pyysitte häntä tulemaan tänne, varoitin häntä ja sanoin, että
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se oli irvikuva hänestä ja tarkoitti Juudasta.»